Inflation Brasil 2024
Average inflation: 4.4%
Current Inflation
Inflation is high at 4.4%, well above the ECB target.
Peak and Trough
The highest inflation was in November at 4.9%. The lowest inflation was in April at 3.7%.
- Highest month
- November: 4.9%
- Lowest month
- April: 3.7%
- Difference
- 1.2 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 1.6% lower than the 5-year average of 6.0%.
- 5-year average
- 6%
- 10-year average
- 5.8%
- All-time high (2022)
- 9.3%
- All-time low (2020)
- 3.2%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +0.2 percentage point.
- Change vs. previous year
- -0.2 percentage points
- Largest monthly swing
- January: -1.3 percentage points
ECB Target
Inflation is 2.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 4.5% | -1.3 |
| February | 4.5% | -1.1 |
| March | 3.9% | -0.8 |
| April | 3.7% | -0.5 |
| May | 3.9% | 0.0 |
| June | 4.2% | +1.0 |
| July | 4.5% | +0.5 |
| August | 4.2% | -0.4 |
| September | 4.4% | -0.8 |
| October | 4.8% | 0.0 |
| November | 4.9% | +0.2 |
| December | 4.8% | +0.2 |
| Average | 4.4% |
Data source
Data from OECD. Last updated: 20/12/2025.